Polaris Software Lab Limited (POLS.BO), a leading Financial Technology Company today announced the launch of first phase of The School of Financial Technology, with the acquisition of a 50-acre facility owned by Catalytic Software Ltd., (CSL) Hyderabad; Principal shareholder of CSL being Catalytic Software, Inc. headquartered in Seattle. Polaris acquired the company and its assets at a 100% cash buyout, and the new facility will be utilized as a residential Talent Development centre and for expansion of ODCs (Offshore Development Centre).

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